Help me choose OS for django server

Hi.  I want to set up a production server for a django application.  constant.com offers Virtual Private Servers which should give me virtually full control over the server, allowing me to install django and all the stuff I need for my app to run properly.

First, is this a good idea?  Do you think I can do this securely using the django, apache, and lighttpd docs? or am I asking for trouble?  What are the major security issues I need to be aware of when administering a server?

Also, if I go this route, I'll need to choose an OS.  I'm running a production server (just Apache + mod_wsgi) using my Arch Linux box, but I don't think arch is the best idea.  I'm sorta trying to decide between CentOS and Ubuntu.  Leaning toward CentOS, but just a little worried it might be missing some of the packages I need.  I've never used CentOS before.  Any advice?

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